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Originally Posted by cheap
If saving Virgin is such a good thing, why doesn't an industry superfund pony up and save it by buying it and operating it? It would be a win-win, they'd be keeping Australian's employed as well as showing their prowess in managing a business.
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Because the trustees of super funds have an obligation to invest their members' funds wisely. Virgin isn't that.
Quote:
Originally Posted by cheap
Or maybe Gina, Pratt or Twiggy using some of their pocket cash could save Virgin?
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Same applies for the CEOs of public companies.
Quote:
Originally Posted by cheap
Instead, the instigators of this global pandemic "the CCP" are circling to buy Virgin??
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If you've got bottomless pits of money, well why wouldn't you?
Virgin is a badly run company that doesn't deserve rescuing.